Archive

Posts Tagged ‘Accelerating Technology’

The Power of Genetic Algorithms

January 23rd, 2010

Genetic Algorithms are a specific area of Artificial Intelligence that has the power to change the world. Why? Because they allow us to solve very difficult problems that have no known solutions. These problems include:

  • How do you design a jet engine to optimize efficiency?
  • How do you optimize the components and connections in a circuit board or chip?
  • How helpful is a movie recommendation from one person for another person?

These perplexing problems have no simple solutions, and often the details of the question are unclear. Genetic Algorithms are flexible enough to give us high quality solutions to these difficult problems.

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Breakthrough! Accelerating Technology Cracks Cancer Code

December 21st, 2009
Argonne scientist Elena Rozhkova examines brain cancer cells under a microscope.  (Laboratory @ Flickr)

Argonne scientist Elena Rozhkova examines brain cancer cells under a microscope. (Laboratory @ Flickr)

A group of international scientists may just have given humanity a Christmas present–and taken us one more step down the path of the Singularity.

Investor’s Business Daily reports that scientists have identified all of the cell changes in two forms of cancers. The investigation has produced a complete cancer gene map.

According to most scientists, this study by international scientist and the U.K.’s Wellcome Trust Sanger Institute is a game-changer. It’s effects could change not just cancer treatment, but could alter health care and the economy.

An effective treatment for cancer would save trillions of dollars. According to a Chicago economist, curing cancer, for example, would save $30 trillion. Just a one percent decrease in the mortality rate of cancer patients would save about $300 billion, the study adds.

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Money and Technology: The Wealth Singularity

December 5th, 2009

Most people are aware of how fast technology is changing. Just Facebook and Twitter have revolutionized the Internet landscape in the last year. And, they have revolutionized how we connect with each other. Not just how we connect online, but how we connect in life! These two examples of technology make it super easy to connect to millions of people instantly, and for free. That’s pretty amazing.

Here is the traffic graph for Facebook from Alexa:

facebook-traffic

Facebook and Twitter make email look prehistoric. And, in Internet time, email is prehistoric. If most people started using email in 1995, when the Internet exploded, that is nearly 15 years ago. That makes it ancient history. These sites have reinvented the way we connect, but accelerating technology has not had such a powerful effect on every aspect of our lives.

Which Area of of Lives has Technology yet to Revolutionize?

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Accelerating Technology, Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, Success , , , , , , ,

Accelerating Technology: Chrome Outfoxes Firefox

November 28th, 2009

After hearing quite a bit about Google’s browser Chrome, I became curious. Is it really better than Firefox? It seems that old habits die hard, and it is pretty easy to fall into using the same browser. Finally, my curosity won out, and I downloaded and installed Chrome yesterday.

google-chrome-browser

It was the first time in long time I got excited about a new software. It was unbelievable. Super fast. Intuitive. And, it worked. I went to a variety of flash and Java sites, as well as Facebook. It worked flawlessly and quickly.

Buy why is Chrome better than Firefox?

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Automated Trading and other Revolutions

July 7th, 2009

stock-market-trading

Most people are just starting to find out about the Automated Trading revolution. But, they are aware of other revolutions that have radically changed the world in the last few years:

  • The Internet
  • Online stock trading
  • Email
  • Blogs
  • Youtube
  • Twitter
  • Skype

These technological advances have completely changed how we do so many things in our lives. Need to connect with someone? We use Skype or email. Need to connect with a lot of people? We use Twitter and a blog. Need to buy stock? We use an online stock broker.

Yet the investing industry has changed little outside of the use of online stock brokers such as TD Ameritrade. Since the Internet is a powerful empowering technology, it has given people the tools to choose and analyze which stocks that they invest in. And to decide for themselves when to buy and when to sell.

Outside of the individual stock trading area, many things are still the same. People buy mutual funds and index funds in their 401K or IRA. They take advice from financial advisors. And they don’t follow their retirement accounts closely or actively manage them.

We believe that the Automated Trading revolution will change all that. As people learn about the benefits of Automated Trading, they will start to use these systems and stop using the old investment strategies. Automated Trading allows people to benefit from high returns with less risk. And, it puts them in control of their money. Besides that, fees can be less than for traditional advisors or even traditional online brokerages.

The real benefit of Automated Trading systems is that they actually create value for their users. Virtually all mutual funds underperform the market over the long term. Index funds return 8% annually over the long term, which is not significantly more than inflation. Automated Trading systems are different. They use technical analysis to trade using a defined system. This creates consistency, removes human emotion, and creates the opportunity to have good returns.

Many of the above mentioned revolutions have made the Automated Trading revolution possible. Faster computers allow us to use artificial intelligence to create powerful systems. The Internet and online brokers make it possible to place trades quickly and efficiently. And blogs make the knowledge about Automated Trading systems available to everyone.

Accelerating Technology, Automated Trading, Internet, Investing, Success , , , , , , , , ,

Internet Revoultions are Accelerating

June 18th, 2009

Recently there has been so much talk about Twitter. And Facebook. Before that it was YouTube. The rates of adoption are greater than anything mankind (and womankind) has seen before. It got me thinking.

accelerating-internet-techn

If this is the web 2.0, perhaps it took a few years to mature. Let’s say 3 years. So it started in 2006. That means web 1.0 which really got started in 1995, was 11 years old in 2006. So web 2.0 is happening perhaps 2 -4 times faster than 1.0. I don’t know how much longer 2.0 will last, but 3.0 is on the horizon.

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Prizes Accelerate Singularity

June 11th, 2009

This clip of Peter Diamandis, founder of the X Prize foundation, has some really interesting ideas.

He says,

The day before something is truly a breakthrough, it’s a crazy idea. You have to be willing to take risks.

And that is really consistent with my experience. As we develop Automated Trading systems to create financial freedom for humans, people think that we are crazy. Or they say that creating an artificial intelligence system to make money in the markets is impossible.

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Accelerating Technology, Automated Trading, Dreams Come True, Great Books, Online Investing AI , , , ,

Automated Trading and the Singularity

June 8th, 2009

What is an Automated Trading system?

An Automated Trading system is a computer program that buys and sells stocks or other assets without human interference. It’s like taking a stock broker and replacing them with a computer. These systems can detect patters in the markets, and then buy and sell assets to make money.

What is the singularity?

computers-and-accelerating-technologyEveryone knows that technology is getting faster and faster, and our world is changing at an ever increasing rate. The Internet has only been around for 14 years, but has already been reborn (Web 2.0) and completely revolutionized many industries. It’s easy to think of many examples of technology that are rapidly changing the world: cell phones, computers, medicine and robotics are just a few.

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The Singularity is Nearer. Thanks Wolfram!

June 2nd, 2009

Discovery of Wolfram Alpha, the goal of which is to

make all systematic knowledge immediately computable by anyone.

It may sound too good to be true, but it is true. They are taking the Google approach of gathering all the available resources and making them available to everyone. But, instead of static information such as blogs, web pages and images, they have created a system that answers any knowledge-based question.

wolframalpha-testload

The good news is that these answers are not limited to finding the roots of a quadratic equation. It means answering any question that can be answered by math or knowledge. That includes language, culture, music and colors. Wow.

How will this change the world?

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Accelerating Technology and Automated Trading

May 25th, 2009

Accelerating technology promises to be the key to many of our greatest dreams. These include flying cars, elimination of the use of fossil fuels, ending hunger and reducing human suffering throughout the world. Besides all that, we believe it will allow Automated Trading to become a dominant income paradigm.

accelerating-technology

Accelerating Technology

Epitomized by Moore’s law, accelerating technology is the idea that computers are getting more and more powerful and cheaper at the same time. In fact, the rate at which they are improving is increasing. The technical term for this observation is double exponential. The simple explanation is that every year you can buy more computer power for less money, and this phenomenon will accelerate.

How will accelerating technology change the world?

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